A Lidwell Construction Limited,Ltd - AccountsLtd - Accounts

A LIDWELL CONSTRUCTION LTD - Company Information

Print Friendly Version

Draft

A Lidwell Construction Limited

Registered Number:09059044

For the year ended 31 May 2018

England and Wales

Unaudited Financial Statements

Draft

As at 31 May 2018

A Lidwell Construction Limited

Statement of Financial Position

Registered Number :

09059044

2017

2018

Notes

Fixed assets

Property, plant and equipment

12,683

3,353

12,683

3,353

Current assets

Trade and other receivables

1,369

25,260

26,842

Cash and cash equivalents

33,776

59,036

28,211

Trade and other payables: amounts falling due within one

year

(23,054)

(56,030)

5,157

3,006

Net current assets

Total assets less current liabilities

15,689

8,510

(2,410)

(360)

Provisions for liabilities

13,279

Net assets

8,150

Capital and reserves

Called up share capital

Retained earnings

13,277

8,148

13,279

8,150

Shareholders' funds

For the year ended 31 May 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr A Lidwell Director

These financial statements were approved and authorised for issue by the Board on 16 January 2019 and were signed by:

The notes form part of these financial statements

1 of 3

Draft

For the year ended 31 May 2018

A Lidwell Construction Limited

Notes to the Financial Statements

Statutory Information

A Lidwell Construction Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 09059044.

Registered address:

Office 5 The Forest Rock Offices

Leicester Road

Whitwick

Leicestershire

LE67 5GQ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

20% Straight line

25% Straight line

Motor vehicles

2. Property, plant and equipment

Total

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 June 2017

4,839

4,050

789

14,000

Additions

At 31 May 2018

789

18,050

18,839

Provision for depreciation and impairment

At 01 June 2017

1,486

1,013

473

Charge for year

4,670

4,512

158

At 31 May 2018

6,156

5,525

631

At 31 May 2018

Net book value

158

12,525

12,683

At 31 May 2017

316

3,037

3,353

2 of 3

Draft

For the year ended 31 May 2018

A Lidwell Construction Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2017

2018

Trade debtors

24,605

874

Other debtors

655

495

1,369

25,260

4. Trade and other payables: amounts falling due within one year

2017

2018

Trade creditors

6,354

548

Taxation and social security

8,117

688

Other creditors

41,559

21,818

56,030

23,054

3 of 3